Long Time Coming

The economy is almost certain to crash soon or within the next few years. However it is vital for everyone to understand that it is the fault of the central banks and not Trump.
>derr Trumpcut taxes and crashed economy
>hurr see capitalism sucks.
>pffthurp durp bernie 2020 bros
People need to understand that the economy died in 2008 and the central banks have been printing money to kick the can down the road and keep the system going for as long as possible. Everyone should take steps to prepare themselves if you have not already. And pray Trump doesn't use this crisis to expand government power. Pray he uses crisis to return to more free market systems, away from central banking.

Other urls found in this thread:

investopedia.com/news/warren-buffetts-berkshire-gains-37-billion-tax-cuts/
reuters.com/article/us-offshore-wealth/super-rich-hold-32-trillion-in-offshore-havens-idUSBRE86L03U20120722
businessinsider.com/wealthy-money-offshore-makes-inequality-look-even-worse
twitter.com/NSFWRedditVideo

...

Due to the fact that Trump is president and is in a position to do, well, ANYTHING about it, even pointless gestures, and he doesn't: Yeah nigger it's partially his fault.

These boom bust cycles are inherent to market economics but are exacerbated to the point of serious damage by capitalism as a whole.

yes we've been on life support since 08, once the younger boomers retire shit is going to hit the fan

If a country would do the same after the crisis 08 and they would ask the internatinal currency fond their bidding would get refused.
Obama kicked noone of the bankers.

Trump can't do ANYTHING you fucking idiot. You think he can just make everyone's debt just disappear with no repercussions? There is no capitalism. Bailing out banks and auto industries back in 08 is fascism. Central banks printing money to buy government bonds is NOT capitalism... trust me when I tell you that you don't know what the fuck you are talking about

Well the Fed pumped $10 Trillion into the economy to prevent an absolute faceplant during the 0bammy years and now the economy is starting to recover just by getting rid of the commies in the gummint the Fed has to pull back some of that inflationary money to prevent hyperinflation. So as every move by the Fed for the next years to come is going to be increased interest rates which will keep the GDP growth at less than 3% which will conveniently give the Rats something to lie about (“How Trump’s policies are hurting the economy.”). Just watch and see.

What's the age range on this metric? Who are the 37.3% not in the labor force?

>within the next few years
try hours, bucko

>here is no capitalism. Bailing out banks and auto industries back in 08 is fascism. Central banks printing money to buy government bonds is NOT capitalism...

Capitalism is, literally, the pursuit of profits as the primary or sole factor in economic decision making. If a governmental system is so fundamentally broken that a business/economic entity can give massive funding to politicians in return for tax cunts, implementations of legislative loopholes and political favors: that's not contrary to capitalist ideas, only that it creates a middle man for capitalists to use for their own ends.

And don't talk about fascism unless you know what you're talking about. Fascist Italy (as an example) was a combination of corporate and governmental power, but at all times corporate interests were subservient to the governmental and national interests. In the US, individual politicians are subservient to their donors and have to be (In the US, 98% of elections are won by the candidate that has the most campaign funding). So if you're politically interested, you HAVE to suck the dick of big business or you won't get into elected office. So the whole governmental system from top to bottom stinks of corporate puppets. There is a clear and fundamental difference between the two.

>trust me when I tell you that you don't know what the fuck you are talking about

Yeah that's nice kiddo, how can I trust some newfag who knows nothing about me when they're telling me what I do and don't know.
>yes I took what you said literally for ironic purposes, in case you didn't realize

you have to go back

(((Free market)))

The reason for the labor force decline doesn't prove anything. If more people are retiring, that is less people paying taxes, and more people collecting social security/Medicare. That puts stress on economy and deficits...

Seems like he was supporting fascism. How is that reddit newfag?

>How is that reddit newfag
oh, the irony

He's telling me to back to otherchan(8)

I agree. This has been known for decades that the boomers are going to retire en masse. Maybe it's a retarded time for tax cuts

I'd recognize a factual enema like that anywhere, won't they cast you out for coming back?

>corporations pay politicians for favors
>this proves capitalism is bad
That has nothing to do with capitalism... big government having so much influence that it incentivized corporations to spend billions to gain favor... that is a government power problem. Not a free market problem.

>retarded logic

it is government's job to set tax rates.

u need to get money out of politics but conservatives love it when billionaires buy up politicians

look what the GOP supreme court has done with citizens united

look at the silence on the koch brothers

>conservatives love it when billionaires buy up politicians
No friend. Corrupt politicians love that. You still think on democrats vs republicans level or foxnews vs MSNBC level. It is about principles, not political party.

Conservatives elected a billionaire globalist conman who cut corporations taxes and is doing nothing about the swamp or money in politics.

Warren Buffett's Berkshire Gains $37 Billion from Tax Cuts
investopedia.com/news/warren-buffetts-berkshire-gains-37-billion-tax-cuts/

this goy gets it, time to sharpen the guillies

stop arguing with a retarded leaf

>globalist
You can call trump a lot of things, but globalist is not one of them... why do you poor fucks care so much about rich peoples money? Mind your own business you fucking peasant.... what do you think rich people do with their money? Hide it under their mattress so you poor shits can't have it? No. The invest it so it grows and creates more wealth... you silly leaf. Shut the fuck up.

I wrote a long response, but my browser crashed, so you'll have to make do with the summed up version:

It is indeed inherent to capitalism. Human being are obsessed with more, more of anything basically, and money is the best example of "more" because it represents the ability to do shit within a society, and if you have a society that is focused on the accumulation of money in that manor (capitalism), the governmental system is inevitably going to be corrupted by it and you can't stop that unless you basically squash the corporate sphere (execution, seizure of assets, etc.). But when you make the corporate sphere subservient to the business sphere you stop being capitalist and start being fascist, which is what the point I was trying to make earlier was.
You simply cannot have uncorrupted power in a system and country that prioritizes wealth generation and then gives individuals certain "inalienable rights". The ability that makes capitalism as extreme as it is in it's actions is the fact that the government is subservient to it inherently, as a result of human nature, which is the point used against communists.

By cutting taxe for the rich, didn't Trump just accelerat the process by allowing more money go to Finance?

And lol, more liberalism, not like it's what screwed the system

lol


Super rich hold $32 trillion in offshore havens
reuters.com/article/us-offshore-wealth/super-rich-hold-32-trillion-in-offshore-havens-idUSBRE86L03U20120722

The ultrawealthy have 10% of global GDP stashed in tax havens — and it’s making inequality worse than it appears
businessinsider.com/wealthy-money-offshore-makes-inequality-look-even-worse

Q predicted this

>Q

>tfw it might actually be finally happening
I've been waiting for 6 years

>now
>or next FEW years
That's some good prediction.

>Muh rich people invest, Muh rich people are benevolent investors

Thank for the hard reality check Leaf !

they invest in automation to destroy rural and suburban retards jobs

How is Trump "subservient to {his} donors" and has "suck the dick of big business"???

crooked capitalism isn't free market capitalism. crooked capitalism is a blend of fascist authoritarianism where government agents would work in the white house, then move to google, then back to the white house.. Thanks Obama

Not gone crash the economys will grow.

Due baby boomer population dieing handing money down or money going in tax to goverments.

Slow death baby boomers will brimg growth.

There won’t be a crash this time, but it will happen in a manner of years

>that picture implying high corporate tax rates were the reason why the economy was booming post ww2...
do you honestly think that the government raised corporate tax rates and THEN the economy took off? Like the economy changes that quickly from a policy change? That pictures logic pisses me off so much and it takes a real brainlet like you to post it... the economy was roaring before the huge corporate tax hike. That economy was so good that it made such high taxes even possible... then what happened? Corporations spent a lot of time and money trying to avoid those taxes. They hire lawyers, accountants, etc. they move all their manufacturing over seas... you could argue that these taxes ruined America! God damn that picture is so dumb. Kill yourself nazi boy.

>laying of employees who do good work
>growth stumbles
guyysss you invested money in this im a good ceo. delusional leaf

man i want something to change, anything, if that means this shit crashing down then so be it, id rather have quick pain than long lasting pain. its just the mediocre living going on here, especially in commiefornie where people are forced to live with increased crime and poverty just so the fuckers up in these buildings can make money. it seems there are so many shady shit going on in every damn thing productive that for ordinary folks who go to school, and try, they aren't going to get shit in the end. infinity growing is stupid, especially when it means a downgrade to living standards. so here's for it crashing down with no survivors.

>a portion of the rich's money is not being used on us
>we need more government to force that money from them!
Ok those articles say how much they don't invest. Now show me the ones that say how much they do invest. I'll wait.

Do you put every penny of your savings into your portfolio? Or do you have a percentage of it in cash? Or are you just a poor retard who never had to think about this? You are not a critical thinker leaf. Just like the queen wants her Canadian peasants to be like.

>Bailing out banks and auto industries back in 08 is fascism
Let me guess, you saw the fake Mussolini quote about how fascism is government + corporations?
It wasn't fascism, it's oligarchy. Banks/corporations control the US through their puppets in DC.

If fascism by defacto moron

can someone explain why this dow shit is even needed? i mean just typing in dow in google and going back to its creation and looking at it through the years, i was around in the 80s, shit was going just fine, it was beautiful, then as you follow the graph you see how it grows, but the way of life also degraded as that fucking thing increased. is this just nostalgia or is there something more to it? i mean, the 80s were fine, even the early 90s were okay. what changed?

>but the way of life also degraded as that fucking thing increased.

really makes you think

>do you honestly think that the government raised corporate tax rates and THEN the economy took off?

Well actually that is correct, but not specifically/directly because of the tax rate increases. When you are equipping half the world to fight a world war, that has a habit of rapidly increasing GDP, but also rapidly increasing government expenditure, which requires tax rate increases. So yes, I " think that the government raised corporate tax rates and THEN the economy took off, that's objectively proven.

>That pictures logic pisses me off so much and it takes a real brainlet like you to post it.

I The Depression and GFC are in the right spot, so those parts are factually correct. You can clearly show (based upon GDP per capita, debt, global influence, size and power of military, etc.) for the middle time period/US hegemony that that specific period of time was where the US was at the height of it's power, prosperity and prestige. Given that China is rising and the US is stagnating economically, culturally and demographically , the final period/box is objectively correct. There is no way you can have problem with my picture from a factual standpoint.

>the economy was roaring before the huge corporate tax hike.

If by "roaring" you mean going into a massive decline and then recovering but then not doing anything but slugging along until the war came: then yes. Please, take a moment to google the time period, the GDP growth rate from just prior to the US direct participation in the war (from when they were acting specifically as "the arsenal of democracy" as FDR put it) and then the massive tax hikes, you can clearly see a massive rise specifically from the conditions that created the tax hike. So no.

>God damn that picture is so dumb. Kill yourself nazi boy.
>it takes a real brainlet like you to post it

Yeah, your attempted insults are beginning to increase, which is generally a sign that your argument is falling apart. Keep trying though.

>How is Trump "subservient to {his} donors" and has "suck the dick of big business"???

Trump's donors are Trump and his family. The dicks of big business he is sucking is his own. Do no think for a moment that the massive tax cuts were for anyone except for Trump and his family. But realistically to what you are saying: No, Trump isn't specifically in bed with anyone, near as I can tell. But one first timer anomaly doesn't discount the realities of the system or the systemic average.

>crooked capitalism isn't free market capitalism.

Pursuit of profit has no ideological basis. It doesn't matter how you make it, whether you are controlling bureaucrats or not.

>crooked capitalism is a blend of fascist authoritarianism where government agents would work in the white house, then move to google, then back to the white house..

Like I keep saying, Fascism/Fascist economics is when economic activity and the businesses and corporations that are responsible for it, are subservient to the state. Capitalism is Capitalism, no matter the form, and if you think that a "pure, free market capitalism" would work better with small government: nope. Human nature doesn't allow it. What do you think the Civil War was? Corporate interests going out of their way to buy up more power in government and the southern states not wanting it, as they weren't as economically developed as the north and hadn't developed the same kind of wealthy capitalist class that the north had, which lead to them attempting to wrest back control, but they couldn't so they seceded. That is the inevitable result of capitalism taken full course. Those with the money who are best suited to the system realize they can make more money in the long term by buying up politicians, getting they puppets to change the law, allowing them to pay less taxes and control more power through government contracts. The crooked "crony" capitalism is the inevitable end result.

I think you misunderstand. It represents the value of big business, not the wealth of individual people.

The stocks just went back up retard. Also the amount of infrastructure it takes to support the illegals over here so the liberals can buy their votes is more than the tax breaks for the rich.

so life was better when big business wasn't so big then? everything is tied to to shit now. it feels like society gave up a lot just so big business can sell them a bunch of useless shit. again i have no knowledge on how the market works, i'm just going on feels and I feel like we let them advance bigly in exchange for the integrity of society. all this shit, illegals coming in, low wages, cheap labor can be attributed to this fucking system that needs to die already man. we allowed a jewish invention to take over, they never had this much power before, now they have all the power in the world because its too big to fail. people shouldn't be praying for world peace, they should be praying that this fucking thing collapses. im not advocating communism but this capitalistic system needs to change its ways, it needs to reinvent itself otherwise it will die.

Christ you are so bluepilled that it kind of hurts. 50% of all U.S federal taxes was paid by major corporations only a few decades ago, now it's less than 9%, Globalisation is not a natural process, but a part of an intentional process intended to compress the wages of workers by massively expanding the labour pool. This should not be some great revelation. Why did you think the UK voted for Brexit, because it wasn't "muh immigrants". The effects of all of this has become noticeable. We had the World Bank, European Central Bank, IMF, U.S government, Bank of England, HM Treasury etc. telling us not to do it. This was because it would jeopardise their ability to keep wages low. Already wages are now increasing here.

Competition regulation, monopoly and cartel laws etc. was intended to stop these corporations becoming too large. It was systematically disassembled by those that care more about sating their greed than their own people, their nation and their civilisation. I used to be a Thatcherite. Now I believe that the entire is fucking disgusting, and with communism is a literal joke there is no alternative aside from taking it apart root from stem with a dictatorship.

that's not what i'm talking about, i'm talking about this rigged as fuck system and how it has done tremendous harm throughout the years, that was my point dickhead. how is this a free market when gold is NEVER allowed to rise too far? Or that equities can never be allowed to go down too far? Or that home prices must increase year over year? Not to mention debt and dubious derivatives as far as the eye can see? Lowest interest rates in history of mankind and still joke growth. you're the one who is blue pilled if you cannot accept this simple fact.

dont bother replying i have left this thread.

bye

>you're the one who is blue pilled if you cannot accept this simple fact.

Did you even read my post, bucko?